New Bitcoin Highs Could Take 2 To 6 Months But Data Says It’s Worth...

Bitcoin dropped 20% from its all-time high, leaving analysts split on whether a slow recovery or a fresh parabolic price breakout will happen in the next few months.

Bitcoin analyst Timothy Peterson expects two to six months for recovery, though forecasts remain divided.

One model cites historical price action breakout phases from 2017, 2021 and 2024.

Bitcoin’s (BTC) recent correction has tempered bullish enthusiasm, with analysts now projecting a slower path toward new highs.

Since reaching an all-time high of $126,200 on Oct. 6, Bitcoin (BTC) has dropped roughly 20%, currently hovering under the $100,000 mark. According to network economist Timothy Peterson, this pullback aligns with Bitcoin’s historical recovery patterns. Peterson explained,

The economist wrote that AI-created simulations suggest less than a 20% probability of Bitcoin hitting $140,000 by year-end, a 50% chance of finishing above $108,000, and a 30% chance of ending 2025 in the red.

Similarly, Galaxy Head of Research Alex Thorn has cut the company’s year-end BTC target to $120,000 from $185,000, citing market maturation. Thorn noted that Bitcoin is entering a phase where institutional participation, passive inflows and reduced volatility define price behavior.

Thorn added that maintaining the $100,000 support could keep the three-year bull trend structurally intact, but that “future gains may unfold at a slower, steadier pace as Bitcoin transitions into a maturity era.”

Meanwhile, crypto trader Titan of Crypto offered a more mixed outlook, forecasting a potential new all-time high near $130,000 by year-end, but warned that Bitcoin could plunge below $70,000 by the first quarter of 2026, based on Wyckoff distribution analysis.

Related: Bitcoin crisscrosses $100K as BTC price ‘bottoming phase’ begins

Source: CoinTelegraph